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Commerce Commission - Latest News [Page 5]
ComCom Report Highlights Geographic Inequities In Groceries
Wednesday, 6 August 2025, 10:12 am | Commerce Commission
Grocery Commissioner Pierre van Heerden says this report shows there is some progress, but many of the issues already identified continue to stifle significant improvement in competition. More >>
Statement Of Preliminary Issues Released For Kegstar Application To Acquire Assets Of Konvoy Kegs
Tuesday, 5 August 2025, 10:51 am | Commerce Commission
The Commission invites interested parties to provide comments on the likely competitive effects of the proposed acquisition. The Commission is currently scheduled to make a decision on the application by 19 September 2025. More >>
Commission Grants Clearance For Mauri To Acquire Farmers Mill
Tuesday, 29 July 2025, 4:11 pm | Commerce Commission
Chair Dr John Small said the Commission was satisfied that the acquisition is unlikely to substantially lessen competition in any New Zealand market. More >>
Kegstar Seeks Clearance To Acquire Assets Of Konvoy Kegs
Tuesday, 29 July 2025, 11:45 am | Commerce Commission
Kegstar and Konvoy both supply beer kegs to breweries on a rental basis, as well as providing logistics services. More >>
Commission To Issue Statement Of Issues On Viridian’s Proposed Acquisition Of Metro Performance Glass
Friday, 25 July 2025, 8:54 am | Commerce Commission
The Commission has identified potential adverse competitive effects arising from a loss of competition between Viridian and Metro in glass processing, supply and installation markets where they are close competitors. More >>
Debt Collector Convicted And Fined For Misleading Conduct
Tuesday, 22 July 2025, 11:36 am | Commerce Commission
Competition, Fair Trading and Credit General Manager Vanessa Horne says debt collectors have the right to pursue money legitimately owed but must do so fairly and honestly and not exploit their position over vulnerable consumers. More >>
ComCom Finds No Evidence Of Cartel Behaviour In Banks’ Involvement In Net-Zero Banking Alliance
Monday, 21 July 2025, 1:07 pm | Commerce Commission
Commerce Commission General Manager Competition, Fair Trading and Credit Vanessa Horne says the complaint, received last December, alleged the banks were coordinating their agricultural lending policies to align with Net-Zero Banking Alliance strategies ... More >>
Not So Promising? Noel Leeming's 'Price Promise' Leads To Criminal Charges
Monday, 21 July 2025, 8:44 am | Commerce Commission
For over a decade Noel Leeming has prominently promoted their ‘Price Promise,’ which is their commitment to match any competitors’ price. We believe their price promise claim was misleading and in breach of the Fair Trading Act, Deputy Chair ... More >>
ComCom Saves Businesses $90 Million A Year In Payment Costs
Thursday, 17 July 2025, 8:14 am | Commerce Commission
This decision cuts the cost for businesses accepting payments made through credit cards and foreign-issued cards, which are often the most expensive for businesses to accept. More >>
Commerce Commission To File Proceedings Against Foodstuffs North Island And Gilmours, Alleging Cartel Conduct
Tuesday, 15 July 2025, 8:17 am | Commerce Commission
The Commission investigated agreements that FSNI and Gilmours entered into with a national grocery supplier regarding the supply of products to a hospitality customer. More >>
Foodstuffs North Island Warned For Likely Breaking Grocery Competition Law
Wednesday, 2 July 2025, 7:57 am | Commerce Commission
“We believe that Foodstuffs North Island likely breached a fundamental aspect of the Supply Code which is that retailers deal with suppliers in good faith at all times,” Grocery Commissioner Pierre van Heerden says. More >>
Commission To Release Statement Of Unresolved Issues On Proposed Equine Vet Merger
Thursday, 19 June 2025, 4:12 pm | Commerce Commission
The Statement of Unresolved Issues will be published on the Commission’s case register in due course, and outline the Commission’s provisional competition issues with the proposed acquisition. The Statement of Unresolved Issues will invite submissions ... More >>
Statement Of Preliminary Issues Released For Mauri's Proposed Acquisition Of Farmers Mill
Wednesday, 18 June 2025, 1:23 pm | Commerce Commission
The statement outlines the key competition issues that the Commission considers important in deciding whether to grant clearance to the proposed acquisition. The Commission is currently scheduled to make a decision on the application by 7 August 2025. More >>
Commission Grants Clearance For Omnicom To Acquire Interpublic
Tuesday, 17 June 2025, 3:23 pm | Commerce Commission
Deputy Chair Anne Callinan said that the Commission was satisfied that the acquisition is unlikely to substantially lessen competition in any New Zealand market. More >>
Mauri Seeks Clearance To Acquire Farmers Mill
Thursday, 12 June 2025, 3:53 pm | Commerce Commission
Both Farmers Mill and Mauri mill wheat into flour and supply this flour to customers across New Zealand. More >>
ComCom Prosecutes Unregistered Lender Who Targeted Vulnerable Consumers
Thursday, 12 June 2025, 2:07 pm | Commerce Commission
The Commission has prioritised enforcement action against lenders who have not met their obligations under the CCCFA. The Commission is particularly focussed on lenders who provide credit to vulnerable consumers in New Zealand. More >>
Viridian Seeks Clearance To Acquire Metro Performance Glass
Thursday, 5 June 2025, 8:39 am | Commerce Commission
Metro Performance Glass is a publicly listed company that, like Viridian Glass, is involved in the processing and installation of glass in New Zealand, and also has plants in Auckland and Christchurch. More >>
ComCom Moves To Disrupt Power Structures In Groceries
Thursday, 5 June 2025, 7:08 am | Commerce Commission
The Commission will consider submissions on the preliminary findings and will gather further information to make decisions on whether changes are needed. A final report on the wholesale supply inquiry will likely be completed in 2026. More >>
El Cheapo Cars Ordered To Compensate Hundreds Of Borrowers Following Criminal Charges
Wednesday, 28 May 2025, 2:46 pm | Commerce Commission
Commerce Commission General Manager for Competition, Fair Trading and Credit, Vanessa Horne, says that protecting vulnerable consumer groups is a core priority for the Commission — making this case particularly important. More >>
Possible Cartel Conduct Sparks Compliance Advice
Thursday, 15 May 2025, 3:58 pm | Commerce Commission
Trade associations, professional bodies and their members should be aware they could be held liable under the Commerce Act if conduct is shown to be anti-competitive. Penalties for breaching the Commerce Act can be severe, including potential imprisonment. More >>
